The National Industrial and Commercial Investments Limited (NICIL) Tuesday announced that lands at Ogle, East Coast Demerara were sold to Danny Sawh, the developer of Windsor Estates, who will establish a housing community.
The sod-turning ceremony is set to take place on Thursday at 15:00hrs and the keynote address is slated to be delivered by Minister within the Ministry of Public Infrastructure, Jaipaul Sharma, NICIL announced.
Windsor Estates already has a gated community along the Providence-Eccles Access Road on the East Bank of Demerara.
This is third major development to take place in Ogle in the past few weeks with the first being sod turning for construction of a Marriott branded hotel followed by a Hilton brand hotel.
According to NICIL, Sawh is an overseas-based Guyanese investor with over 24 years of residential and commercial real estate as well as construction development experience.
“He is also the owner of Stonewall Contracting Corporation of NY. Stonewall was at one point one of the largest Caribbean -owned General Construction firms on the entire Eastern seaboard of the US.
“Mr. Sawh is a Guyanese and very passionate about Guyana’s development, having singlehandedly spearheaded the Windsor Estate development, he is eager to showcase his company’s project plans for the creation of sustainable attractive communities in his homeland,” NICIL said in the statement.
According to NICIL, Navigant Builders Inc. was incorporated on June 29, 2012, under the Companies Act 1991 in the Republic of Guyana.
Navigant, the developers of Windsor Estates headquartered at Bel Air Park, Georgetown, is a subsidiary of Stonewall Contracting Corporation in College Point, New York.
“Stonewall has been in business since 1990 and has completed numerous high profile, award-winning public and private projects ranging from US $100,000 to US $40,000,000 including new schools, courthouses, underground train stations, hospitals, theatres, playgrounds, police facilities, public housing, a multimillion-dollar high-end restaurant in Rockefeller Plaza in NYC and a 3.5 million dollar high-end residential;l property in Westchester, New York.”
